Good luck man. What happened last time they got a huge influx of cash from retail traders? From what I read they wasted it in NFTs.
Now they’re wasting it on trading cards. The company is floundering. Surviving purely from generational nostalgia at this point. When that runs out the rug will be pulled.
I think you might need to do a bit of reading and research about the Pokemon TCG market. They should be pouring as much money as they can into it. With their brand name and reach they should be able to get a lot of stock from suppliers, and it can make them massive, massive profit. Pokemon TCG is the hottest product on the market, with new stuff selling for 4x RRP on day 1.
Fair enough they didn’t outright buy NFTs. They attempted to enter the market and failed. It’s still a loss. And I’m not feeling great about the trading card idea. But hey we’ll see, maybe it works out for them this time.
Good luck man. What happened last time they got a huge influx of cash from retail traders? From what I read they wasted it in NFTs.
Now they’re wasting it on trading cards. The company is floundering. Surviving purely from generational nostalgia at this point. When that runs out the rug will be pulled.
I think you might need to do a bit of reading and research about the Pokemon TCG market. They should be pouring as much money as they can into it. With their brand name and reach they should be able to get a lot of stock from suppliers, and it can make them massive, massive profit. Pokemon TCG is the hottest product on the market, with new stuff selling for 4x RRP on day 1.
They never bought NFTs, they built a website for trading NFTs. Very minimal expense that’s already written off as it got banned by the US govt
Fair enough they didn’t outright buy NFTs. They attempted to enter the market and failed. It’s still a loss. And I’m not feeling great about the trading card idea. But hey we’ll see, maybe it works out for them this time.